Development

A $17 billion deal announced Wednesday consolidated many of Las Vegas' biggest hotel-casinos under one real estate company. 
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Hyatt Place Ekaterinburg, the second Hyatt branded property in Ekaterinburg is officially open, expanding the Hyatt Place brand’s footprint globally in markets that matter most to guests and World of Hyatt members…
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The hotel industry's recovery is accelerating, overcoming the crisis. In the first half of 2021, the stocks of the major hotel groups have recovered and outgrown the indexes…
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Just when you thought Rodeo Drive couldn’t possibly get any more luxe, LVMH is like, “Hold my martini.” The luxury conglomerate is planning to open an ultra-premium hotel on the famed thoroughfare to outshine all competition…
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Italy has a lot of feathers in its cap: the leaning tower or Pisa, the Colosseum, St Marks Cathedral; pizza. France, likewise, has more tourist attractions than you can throw a Michelin star (or historical tour guide) at…
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THE developer behind the stalled George Best Hotel project in Belfast is still under active investigation by the Department for the Economy over his conduct as director in the lead up to the company falling into administration…
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An investment group based out of Singapore has lodged an appeal after its plans to turn a Bath hospital into a luxury hotel were refused…
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One of the more intriguing aspects of the post COVID-19 hotel market is the rise of first-time buyers, particularly from high-net-worth and family-office capital…
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Two years before Neil Armstrong set foot on the moon, the Hilton chain of hotels was already planning to welcome guests in space.
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Europe Is Only World Region With Increase in Hotel Construction…
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Marriott International is set to bring its luxury Ritz-Carlton brand to Ningbo in China’s eastern Zhejiang province in 2025.
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Accor is the latest company to dive into the special purpose acquisition company, or SPAC, merger market…
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Radisson Hotel Group has opened its eighth hotel in the Dutch capital of Amsterdam, and its first extended stay property in Western Europe.
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Brands are debuting in new countries across the world. Here’s a look:
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Sir Richard Branson’s Virgin Hotels is to open a new property in Glasgow in 2022. The new site will be situated at 236-246 Clyde Street and be the brand’s second hotel in Scotland.
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Choice Hotels International Inc. has unveiled the new Comfort Rise & Shine prototype as its flagship, upper-midscale brand marks its 40th anniversary. The first new-construction hotels with the new prototype are expected to open in 2023…
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According to the latest China Construction Pipeline Trend Report from Lodging Econometrics (LE), China’s total hotel construction pipeline dipped slightly at the end of Q4 ’20 to stand at 3,375 projects/639,811 rooms, down 4% by projects and 1% by…
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Radisson Hotel Group has outlines plans to add 30 hotels and over 5,000 rooms to its portfolio across Europe, the Middle East and Africa in 2021.
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The Covid-19 pandemic has had an extraordinary impact on the global hospitality industry — yet Hilton saw continued growth and development across all categories and brands in 2020…
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February 2021 – today, nearly a year into our days of forced telecommuting and videoconferencing, the words ‘impact of COVID-19’ continue to ring in our ears…
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Moving into 2021, hospitality company Banyan Tree Group is set to continue with its global expansion. The company has signed 20 hotel management agreements in 2020, adding to its pipeline of 35 properties opening over the next 3 years…
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Bangkok-based hotel owner, operator and investor Minor Hotels has signed a memorandum of understanding with Funyard Hotels and Resorts to its expand its portfolio of hotels in mainland China.
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Accor is kicking off the year with an encouraging development outlook and a full schedule of new hotel openings around the world…
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The European hotel transactions picture was dire in 2020 as hotel firms saved cash and two of the largest deals took place before COVID-19 erupted, but deals volume could grow in 2021 as more distress hits the market…
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